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Updated over 6 years ago on . Most recent reply

User Stats

13
Posts
11
Votes
Kyle D.
  • Rental Property Investor
  • Greenville, NC
11
Votes |
13
Posts

For Sale & For Rent listings

Kyle D.
  • Rental Property Investor
  • Greenville, NC
Posted

I wasn't sure if this was the right place to post, but I thought I'd try.

I've got a flip that isn't selling and instead of dropping the price until it sells, I'd like to BRRRR it. My question is, if I leave it up for sale through my realtor, but also post a "for rent" listing on it, is there any downside? My concern is that a prospective tenant sees that it is for sale as well and will not apply for the rental. Do you think this is a good or bad strategy? Should I remove the "for sale" listing and only have the "for rent" listing live? I'm trying to do this ASAP as we're into August and most renters/buyers are moving now.

Any help or guidance would be appreciated, as this is my first shot at a BRRRR/rental - thanks in advance!

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